Latest News and Insights

Throughout my career I have always had a compliance or governance focus, therefore writing about distribution activity for investment managers may seem a little strange.

With the majority of firms having now issued their first Value Statements and with Regulator commentary expected in the not too distant future, at Devlin Mambo we look across the market at what has been issued to date and take a view on what good looks like (or at least what it shouldn’t look like). 

There's been some positive news with several countries stating that they are easing the lockdown measures resulting from COVID-19. While this is welcome, we are certainly not out of the woods yet as experts have indicated that we may face continued movement restrictions until we have a vaccine - potentially H2 of 2021.

With the consultation phase on Operational Resilience issued by the Bank of England, PRA and FCA coming to an end on 3rd April, the fallout from the current Coronavirus epidemic is sure to have a significant influence on what any final regulation might look like.

We are facing incredibly challenging times as a result of the Covid-19 pandemic.

January is generally a time for quiet reflection, easing yourself back into work whilst working off any excess from December. It’s not quite the case for the FCA who have released the following three Dear CEO’s in relatively quick succession